Broomfield Junior Soccer Club

Analysis

Broomfield Junior Soccer Club is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Broomfield Junior Soccer Club reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $2.2m to $2.4m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to March 2022, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Broomfield Junior Soccer Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Aspinwall Riverfront Park Inc ($2.4m), Rocky Mountain Athletic Conference ($2.4m) and Champaign County Agricultural Society ($2.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $122k (5.3% of expenses). Other salaries and wages came to $834k. At year end it held assets of $1.2m against liabilities of $30k, net assets of $1.1m. It reported 16 employees.